Cotton Bags Market Trends, Business Overview, Industry Growth and Forecast to 2028

The ecofriendly cotton bags are anticipated to overtake plastic bags in the retail sector during the forecast period. Increasing availability of decorated cotton bags is inciting people to increasingly adopt cotton bags. Cotton bags have high printability & shelf appeal as compared to plastic bags.

Plastic Bags Ban is projected to Fuel the Demand for Cotton Bags

As per the Wall Street Journal, only about 1% of all plastic bags are recycled every year, the rest are dumped into landfills. Increasing intolerance towards plastic bags has resulted in governments across the world levying regulations limiting the usage of plastic bags. This, in turn, has been a key factor driving the growth of the global market for cotton bags. Plastic bags are banned in Washington, San Francisco, Seattle and Boston. This particular factor is anticipated to increase the demand for cotton bags in the United States during the forecast period.

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China, India and Australia have levied high taxes on the use of plastic bags, which in turn, will create excellent opportunities for the key players operating in the Asia Pacific cotton bags market. In 2017, Kenya pushed a country-level ban on plastic bags, which directly affected the distributors and producers of single-use plastic bags. The ban on plastic bags has been helpful in creating a white space for new entrants in the cotton bags market. Growing developments which have been promoting research in the field of automatic bag making machines are also anticipated to positively impact the production of cotton bags.

Jute Bags Are Expected to Hamper the Growth of Cotton Bags Market

End users are getting attracted towards jute bags as they are an economic and functional alternative to cotton bags. Jute bags provide moisture and chemical resistance properties and thus, provide a suitable solution for the packaging of food and chemical products. Biodegradable bag manufacturers are focusing on the manufacturing of jute bags owing to their low-cost production. Jute bags are also lighter in weight and relatively more affordable and thus, end users are expected to adopt jute and hemp bags instead of cotton bags. That apart, the use of paper bags for retail purposes is gradually increasing as paper bags are recyclable, lighter and inexpensive. This factor is also anticipated to negatively impact the Cotton Bags market during the forecast period

According to the UN Comtrade Database 2015, China, France, Italy and Hong Kong are the biggest global exporters of cotton bags. China leads the way in terms of export of cotton bags. North America and Europe are the two top export destinations for cotton bags, which can directly be attributed to high demand for cotton bags from supermarkets and food industry in the regions. Government subsidiaries in terms of taxes and resources will act as crucial drivers for the development of the cotton bags market in India and ASEAN countries.

Global Cotton Bags Market: Key Players

Some of the key players operating in the global cotton bags market are as follows:

Bag Makers, Inc.
Hubco, Inc.
Central Bag Company
JohnPac, LLC
Aaltex International
Pearl Bag Factory LLP
Richie Bags Fashions Pvt. Ltd.
Green Packaging Industries Private Limited
Gouda, Inc.
Direct Trade Bags Company Ltd.

The cotton bags market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The market report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The global cotton bags market has been divided into seven regions -

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan (APEJ)
Middle East & Africa (MEA)
Japan

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Global Cotton Bags Market: Segmentation
The global cotton bags market is segmented on the basis of end users, type of bags and capacity.

On the basis of capacity, the global cotton bags market has been segmented into:

Up to 5 kg
5kg - 10 kg
10 kg - 15 kg
15 kg - 20 kg
Above 20 kg
On the basis of end users, the global cotton bags market has been segmented into:

Automotive
Chemical
Agriculture
Oil and Gas
Research and Development
Others
On the basis of the type of cotton bags, the global cotton bags market has been segmented into:

Calico (unbleached or unprocessed cotton) bags
Beach cotton bags
Tote cotton bags

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Report Highlights:

A detailed overview of parent market
Changing cotton bags market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size regarding volume and value
Recent industry trends and developments
Competitive landscape
Strategies for key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

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This release was published on openPR.